Considering Raising More Capital, Expensify Capitalizes On Silicon Valley’s Fervor For FinTech

Expensify's new payment product is not what comes to mind for most people when they think "corporate card." While technically it's a credit card, effectively it's a debit card with the controls of a pre-paid card. It doesn't seem to be an idea that could replace T&E cards at large companies. For small firms, it competes with business cards and offers a nifty addition to Expensify's core expense solution.

Most interesting is why Expensify, which claims more than 100,000 business customers, is doing this now.

During . . .

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Jay Campbell

Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them with Business Travel News. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.

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